SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 28, 1998
IMPERIAL CMB TRUST SERIES 1998-2
(as issuer under the Indenture, dated as of March 27, 1998,
providing for the issuance of Collateralized Asset-Backed Bonds
Series, 1998-2).
IMPERIAL CMB TRUST SERIES 1998-2
(Exact name of Registrant as specified in its Charter)
CALIFORNIA
(State or Other Jurisdiction of Incorporation)
333-38879 33-0705301
(Commission File Number) (I.R.S. Employer
Identification No.)
20371 IRVINE AVENUE
SANTA ANA HEIGHTS, CALIFORNIA 92707
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (714) 556-0122
ITEM 5. Other Events
Attached hereto are copies of the Monthly Remittance Statements
to the Certificateholders which were derived from the monthly
information submitted by the Master Servicer to the Trustee.
ITEM 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
December 28, 1998.
Monthly Remittance Statement to the Certificateholders dated as of
January 25, 1999.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
Bankers Trust Company of California, N.A.,
not in its individual capacity, but solely
as a duly authorized agent of the Registrant
pursuant to the Indenture, dated as of
March 27, 1998.
Date: January 29, 1999 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Document
Monthly Remittance Statement to the Certificateholders dated as of
December 28, 1998.
Monthly Remittance Statement to the Certificateholders dated as of
January 25, 1999.
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Collateralized Mortgage Notes
Series 1998-2
Statement to Bondholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL
> TOTAL LOSSES INTEREST BALANCE
A 177,820,358.00 157,511,028.79 879,436.58 3,166,313.34 4,
>045,749.92 0.00 0.00 154,344,715.45
M-1 11,854,691.00 10,500,735.66 60,816.76 211,087.56
>271,904.32 0.00 0.00 10,289,648.10
M-2 16,370,763.00 14,501,015.25 87,610.30 291,501.86
>379,112.16 0.00 0.00 14,209,513.39
M-3 7,903,127.00 7,000,490.15 42,294.63 140,725.04
>183,019.67 0.00 0.00 6,859,765.11
B 6,209,600.00 5,500,385.30 33,231.49 110,569.68
>143,801.17 0.00 0.00 5,389,815.62
TOTALS 220,158,539.00 195,013,655.15 1,103,389.76 3,920,197.48 5,
>023,587.24 0.00 0.00 191,093,457.67
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL
> TOTAL BALANCE CURRENT NEXT
A 45254NAA5 885.787379 4.945646 17.806248
> 22.751894 867.981131 6.700000% 6.700000%
M-1 45254NAB3 885.787378 5.130185 17.806247
> 22.936433 867.981131 6.950000% 6.950000%
M-2 45254NAC1 885.787379 5.351632 17.806248
> 23.157880 867.981131 7.250000% 7.250000%
M-3 45254NAD9 885.787379 5.351632 17.806248
> 23.157880 867.981131 7.250000% 7.750000%
B 45254NAE7 885.787378 5.351631 17.806248
> 23.157880 867.981129 7.250000% 7.250000%
SELLER: IMH Assets Corp. ADMI
>NISTRATOR: Jarrod Anderson
MASTER SERVICER: Impac Funding Corp.
> Bankers Trust Co. of California, NA
CO-LEAD UNDERWRITERS: Bear, Stearns & Co. Inc.
> 3 Park Plaza
RECORD DATE: November 30, 1998
> Irvine, CA 92614
DISTRIBUTION DATE: December 28, 1998
> FACTOR INFORMATION(800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1998 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Collateralized Mortgage Notes
Series 1998-2
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL
> TOTAL LOSSES INTEREST BALANCE
C-1 2,258,036.00 2,245,608.00 15,901.64 1,608.86
> 17,510.50 0.00 0.00 2,243,999.14
C-2 1,354,822.00 1,347,365.20 9,540.99 965.32
> 10,506.31 0.00 0.00 1,346,399.88
C-3 2,032,233.40 2,021,048.19 14,311.48 1,447.98
> 15,759.46 0.00 0.00 2,019,600.21
X 220,158,539.00 195,013,655.15 275,251.01 0.00
>275,251.01 0.00 0.00 191,093,457.67
TOTALS 225,803,630.40 200,627,676.54 315,005.12 4,022.16
>319,027.28 0.00 0.00 196,703,456.90
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL
> TOTAL BALANCE CURRENT NEXT
C-1 IMB9802C1 994.496102 7.042244 0.712506
> 7.754750 993.783598 8.479837% 8.478988%
C-2 IMB9802C2 994.496104 7.042246 0.712506
> 7.754752 993.783597 8.479837% 8.478988%
C-3 IMB9802C3 994.496100 7.042242 0.712506
> 7.754748 993.783593 8.479837% 8.478988%
X IMB9802XX 885.787379 1.250240 0.000000
> 1.250240 867.981131 1.690221% 1.671424%
SELLER: IMH Assets Corp. ADMI
>NISTRATOR: Jarrod Anderson
MASTER SERVICER: Impac Funding Corp.
> Bankers Trust Co. of California, NA
CO-LEAD UNDERWRITERS: Bear, Stearns & Co. Inc.
> 3 Park Plaza
RECORD DATE: November 30, 1998
> Irvine, CA 92614
DISTRIBUTION DATE: December 28, 1998
> FACTOR INFORMATION(800) 735-7777
Page 2 of 4
> (c) COPYRIGHT 1998 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Payment Date Statement
Distribution Date: December 28, 1998
DELINQUENT AND
FORECLOSURE LOAN 30 TO 59 6
>0 TO 89 90 PLUS
INFORMATION DAYS
> DAYS DAYS TOTAL
PRINCIPAL BALANCE 2,905,038.13
>616,995.04 383,659.12 3,905,692.29
PERCENTAGE OF POOL BALANCE 1.4769%
> 0.3137% 0.1950% 1.9856%
NUMBER OF LOANS 21
> 5 3 29
PERCENTAGE OF LOANS 1.5498%
> 0.3690% 0.2214% 2.1402%
FORECLOSURE LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
>493,492.20 1,425,542.57 1,919,034.77
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.2509% 0.7247% 0.9756%
NUMBER OF LOANS 0
> 3 10 13
PERCENTAGE OF LOANS 0.0000%
> 0.2214% 0.7380% 0.9594%
BANKRUPTCY LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
> 0.00 137,879.68 1,777,520.38
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.0000% 0.0701% 0.9037%
NUMBER OF LOANS 0
> 0 1 12
PERCENTAGE OF LOANS 0.0000%
> 0.0000% 0.0738% 0.8856%
REO LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
> 0.00 153,969.10 153,969.10
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.0000% 0.0783% 0.0783%
NUMBER OF LOANS 0
> 0 1 1
PERCENTAGE OF LOANS 0.0000%
> 0.0000% 0.0738% 0.0738%
BOOK VALUE OF REO PROPERTY:
> 0.00
AGGREGATE COLLECTIONS OF NET INTEREST WITH RESPECT TO THE MORTGAGE LOANS:
> 1,156,625.01
AGGREGATE COLLECTIONS OF PRINCIPAL WITH RESPECT TO THE MORTGAGE LOANS:
> 3,896,408.25
AGGREGATE COLLECTIONS WITH RESPECT TO THE MORTGAGE LOANS:
> 5,053,033.26
CURRENT PERIOD BOND PRINCIPAL DISTRIBUTION AMOUNT PAYABLE:
> 3,920,197.48
AGGREGATE PRINCIPAL PREPAYMENTS INCLUDED IN DISTRIBUTION TO BOND HOLDERS:
> 3,780,480.25
AGGREGATE PRINCIPAL PREPAYMENTS INCLUDED IN DISTRIBUTION TO CERTIFICATE HOLDERS
>: 0.00
AGGREGATE PRIOR UNPAID INTEREST SHORTFALL TO BONDHOLDERS:
> 0.00
AGGREGATE PRIOR UNPAID INTEREST SHORTFALL TO CERTIFICATEHOLDERS:
> 0.03
AGGREGATE CURRENT INTEREST SHORTFALL TO BONDHOLDERS:
> 0.00
AGGREGATE CURRENT INTEREST SHORTFALL TO CERTIFICATEHOLDERS:
> 0.01
CURRENT AGGREGATE PRINCIPAL BALANCE OF THE MORTGAGE LOANS:
> 196,703,456.91
AGGREGATE NUMBER OF THE MORTGAGE LOANS IN POOL:
> 1,355
Page 3 of 4
> (c) COPYRIGHT 1998 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Payment Date Statement
Distribution Date: December 28, 1998
AMOUNT OF PRINCIPAL ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 27,811.39
AMOUNT OF INTEREST ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 307,048.33
AGGREGATE ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 334,859.72
AMOUNT OF PREPAYMENT INTEREST SHORTFALLS WITH RESPECT TO THE RELATED PAYMENT DA
>TE: 12,745.30
AMOUNT OF COMPENSATING INTEREST MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 12,745.30
AGGREGATE AMOUNT OF REALIZED LOSSES FOR THE RELATED PAYMENT DATE:
> 0.00
CUMULATIVE AMOUNT OF REALIZED LOSSES SINCE THE CLOSING DATE:
> 0.00
NUMBER OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTGAGE LOAN SALE
AND CONTRIBUTION AGREEMENT FOR THE RELATED PAYMENT DATE:
> 0
AGGREGATE NUMBER OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTGAGE LOAN
SALE AND CONTRIBUTION AGREEMENT SINCE THE CLOSING DATE:
> 0
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTG
>AGE
LOAN SALE AND CONTRIBUTION AGREEMENT FOR THE RELATED PAYMENT DAT
>E: 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTG
>AGE
LOAN SALE AND CONTRIBUTION AGREEMENT SINCE THE CLOSING DATE:
> 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO SECTION 3
>.18
OF THE SERVICING AGREEMENT FOR THE RELATED PAYMENT DATE:
> 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO SECTION 3
>.18
OF THE SERVICING AGREEMENT SINCE THE CLOSING DATE:
> 0.00
WEIGHTED AVERAGE MONTHS TO MATURITY
> 338
WEIGHTED AVERAGE COUPON
> 9.0046%
CURRENT MONTHS INTEREST EARNINGS
> 653.28
Page 4 of 4
> (c) COPYRIGHT 1998 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Collateralized Mortgage Notes
Series 1998-2
Statement to Bondholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL
> TOTAL LOSSES INTEREST BALANCE
A 177,820,358.00 154,344,715.45 861,757.99 5,168,675.67 6,
>030,433.66 0.00 0.00 149,176,039.78
M-1 11,854,691.00 10,289,648.10 59,594.21 344,578.39
>404,172.60 0.00 0.00 9,945,069.71
M-2 16,370,763.00 14,209,513.39 85,849.14 475,846.33
>561,695.47 0.00 0.00 13,733,667.06
M-3 7,903,127.00 6,859,765.11 41,444.41 229,718.92
>271,163.33 0.00 0.00 6,630,046.19
B 6,209,600.00 5,389,815.62 32,563.47 180,493.44
>213,056.91 0.00 0.00 5,209,322.18
TOTALS 220,158,539.00 191,093,457.67 1,081,209.22 6,399,312.75 7,
>480,521.97 0.00 0.00 184,694,144.92
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL
> TOTAL BALANCE CURRENT NEXT
A 45254NAA5 867.981131 4.846228 29.066839
> 33.913067 838.914292 6.700000% 6.700000%
M-1 45254NAB3 867.981131 5.027057 29.066839
> 34.093896 838.914292 6.950000% 6.950000%
M-2 45254NAC1 867.981131 5.244052 29.066839
> 34.310891 838.914293 7.250000% 7.250000%
M-3 45254NAD9 867.981131 5.244052 29.066839
> 34.310891 838.914292 7.250000% 7.750000%
B 45254NAE7 867.981129 5.244053 29.066838
> 34.310891 838.914291 7.250000% 7.250000%
SELLER: IMH Assets Corp. ADMI
>NISTRATOR: Jarrod Anderson
MASTER SERVICER: Impac Funding Corp.
> Bankers Trust Co. of California, NA
CO-LEAD UNDERWRITERS: Bear, Stearns & Co. Inc.
> 3 Park Plaza
RECORD DATE: December 31, 1998
> Irvine, CA 92614
DISTRIBUTION DATE: January 25, 1999
> FACTOR INFORMATION(800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 1999 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Collateralized Mortgage Notes
Series 1998-2
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL
> TOTAL LOSSES INTEREST BALANCE
C-1 2,258,036.00 2,243,999.14 15,904.09 1,604.54
> 17,508.63 0.00 0.00 2,242,394.60
C-2 1,354,822.00 1,346,399.88 9,542.46 962.72
> 10,505.18 0.00 0.00 1,345,437.16
C-3 2,032,233.40 2,019,600.21 14,313.70 1,444.09
> 15,757.79 0.00 0.00 2,018,156.12
X 220,158,539.00 191,093,457.67 269,844.49 0.00
>269,844.49 0.00 0.00 184,694,144.92
TOTALS 225,803,630.40 196,703,456.90 309,604.74 4,011.35
>313,616.09 0.00 0.00 190,300,132.80
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL
> TOTAL BALANCE CURRENT NEXT
C-1 IMB9802C1 993.783598 7.043329 0.710591
> 7.753920 993.073007 8.478988% 8.475753%
C-2 IMB9802C2 993.783597 7.043331 0.710591
> 7.753922 993.073009 8.478988% 8.475753%
C-3 IMB9802C3 993.783593 7.043335 0.710591
> 7.753925 993.073000 8.478988% 8.475753%
X IMB9802XX 867.981131 1.225683 0.000000
> 1.225683 838.914292 1.689373% 1.668188%
SELLER: IMH Assets Corp. ADMI
>NISTRATOR: Jarrod Anderson
MASTER SERVICER: Impac Funding Corp.
> Bankers Trust Co. of California, NA
CO-LEAD UNDERWRITERS: Bear, Stearns & Co. Inc.
> 3 Park Plaza
RECORD DATE: December 31, 1998
> Irvine, CA 92614
DISTRIBUTION DATE: January 25, 1999
> FACTOR INFORMATION(800) 735-7777
Page 2 of 4
> (c) COPYRIGHT 1999 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Payment Date Statement
Distribution Date: January 25, 1999
DELINQUENT AND
FORECLOSURE LOAN 30 TO 59 6
>0 TO 89 90 PLUS
INFORMATION DAYS
> DAYS DAYS TOTAL
PRINCIPAL BALANCE 3,221,101.87
>386,123.38 297,334.03 3,904,559.28
PERCENTAGE OF POOL BALANCE 1.6926%
> 0.2029% 0.1562% 2.0518%
NUMBER OF LOANS 22
> 3 2 27
PERCENTAGE OF LOANS 1.6667%
> 0.2273% 0.1515% 2.0455%
FORECLOSURE LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
>110,548.92 2,196,794.75 2,307,343.67
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.0581% 1.1544% 1.2125%
NUMBER OF LOANS 0
> 1 15 16
PERCENTAGE OF LOANS 0.0000%
> 0.0758% 1.1364% 1.2121%
BANKRUPTCY LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
> 0.00 218,981.46 1,846,941.65
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.0000% 0.1151% 0.9705%
NUMBER OF LOANS 0
> 0 2 13
PERCENTAGE OF LOANS 0.0000%
> 0.0000% 0.1515% 0.9848%
REO LOAN INFORMATION:
PRINCIPAL BALANCE 0.00
> 0.00 153,882.45 153,882.45
PERCENTAGE OF POOL BALANCE 0.0000%
> 0.0000% 0.0809% 0.0809%
NUMBER OF LOANS 0
> 0 1 1
PERCENTAGE OF LOANS 0.0000%
> 0.0000% 0.0758% 0.0758%
BOOK VALUE OF REO PROPERTY:
> 0.00
AGGREGATE COLLECTIONS OF NET INTEREST WITH RESPECT TO THE MORTGAGE LOANS:
> 1,138,579.06
AGGREGATE COLLECTIONS OF PRINCIPAL WITH RESPECT TO THE MORTGAGE LOANS:
> 6,376,585.74
AGGREGATE COLLECTIONS WITH RESPECT TO THE MORTGAGE LOANS:
> 7,515,164.80
CURRENT PERIOD BOND PRINCIPAL DISTRIBUTION AMOUNT PAYABLE:
> 6,399,312.75
AGGREGATE PRINCIPAL PREPAYMENTS INCLUDED IN DISTRIBUTION TO BOND HOLDERS:
> 6,262,674.20
AGGREGATE PRINCIPAL PREPAYMENTS INCLUDED IN DISTRIBUTION TO CERTIFICATE HOLDERS
>: 0.00
AGGREGATE PRIOR UNPAID INTEREST SHORTFALL TO BONDHOLDERS:
> 0.00
AGGREGATE PRIOR UNPAID INTEREST SHORTFALL TO CERTIFICATEHOLDERS:
> 0.04
AGGREGATE CURRENT INTEREST SHORTFALL TO BONDHOLDERS:
> 0.00
AGGREGATE CURRENT INTEREST SHORTFALL TO CERTIFICATEHOLDERS:
> 0.00
CURRENT AGGREGATE PRINCIPAL BALANCE OF THE MORTGAGE LOANS:
> 190,300,132.81
AGGREGATE NUMBER OF THE MORTGAGE LOANS IN POOL:
> 1,320
Page 3 of 4
> (c) COPYRIGHT 1999 Bankers Trust Company
IMH Assets Corp.
Imperial CMB Trust Series 1998-2
Payment Date Statement
Distribution Date: January 25, 1999
AMOUNT OF PRINCIPAL ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 26,738.36
AMOUNT OF INTEREST ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 296,272.37
AGGREGATE ADVANCES MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 323,010.73
AMOUNT OF PREPAYMENT INTEREST SHORTFALLS WITH RESPECT TO THE RELATED PAYMENT DA
>TE: 25,545.53
AMOUNT OF COMPENSATING INTEREST MADE WITH RESPECT TO THE RELATED PAYMENT DATE:
> 25,545.53
AGGREGATE AMOUNT OF REALIZED LOSSES FOR THE RELATED PAYMENT DATE:
> 0.00
CUMULATIVE AMOUNT OF REALIZED LOSSES SINCE THE CLOSING DATE:
> 0.00
NUMBER OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTGAGE LOAN SALE
AND CONTRIBUTION AGREEMENT FOR THE RELATED PAYMENT DATE:
> 0
AGGREGATE NUMBER OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTGAGE LOAN
SALE AND CONTRIBUTION AGREEMENT SINCE THE CLOSING DATE:
> 0
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTG
>AGE
LOAN SALE AND CONTRIBUTION AGREEMENT FOR THE RELATED PAYMENT DAT
>E: 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO THE MORTG
>AGE
LOAN SALE AND CONTRIBUTION AGREEMENT SINCE THE CLOSING DATE:
> 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO SECTION 3
>.18
OF THE SERVICING AGREEMENT FOR THE RELATED PAYMENT DATE:
> 0.00
AGGREGATE PRINCIPAL BALANCE OF MORTGAGE LOANS REPURCHASED PURSUANT TO SECTION 3
>.18
OF THE SERVICING AGREEMENT SINCE THE CLOSING DATE:
> 0.00
WEIGHTED AVERAGE MONTHS TO MATURITY
> 337
WEIGHTED AVERAGE COUPON
> 9.0034%
CURRENT MONTHS INTEREST EARNINGS
> 942.08
Page 4 of 4
> (c) COPYRIGHT 1999 Bankers Trust Company
